Dev Accelerator Limited Announces ₹35 Crore Fundraise to Expand Ahmedabad Workspace Footprint
Ahmedabad, March 24, 2026: Dev Accelerator Limited (NSE: DEVX; BSE: 544513) announced today that its Board of Directors has approved a fundraise of up to ₹35 Crores through the preferential issuance of Convertible Warrants and Equity Shares to both Promoters and a Non-Promoter investor, subject to shareholder approval and applicable regulatory compliances.Promoters of the company are participating in the fundraise with a capital infusion of up to ₹15 Crores through Convertible warrants, while a Non-Promoter investor will subscribe to the balance up to ₹20 Crores through equity shares.The proceeds from the fundraise will be used for the...